The fund is structured as a master-feeder fund. Mercury is the sponsor, which provides the investment vehicle, Solariant Capital is the investment advisor and KAR Wealth Advisors is the initial investor in the fund.

TOKYO, Dec. 29, 2015 /PRNewswire/ -- Kyobo Life, one of Korea's top life insurance companies, along with Heungkuk Life and Hanwha Life, acquired a 41.3MW solar project in Kagoshima, Japan from Solariant Japan, a wholly owned subsidiary of Solariant Inc., and its partners including Yingli Green Energy Japan, a subsidiary of one of the largest PV module manufacturers.